The Islamic waqf is:
a. a permanent trust
b. the founder's instructions can be changed at will
c. no different from a western corporation
d. requires interest payments
e. both a and b are correct
A
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If the number of employed workers in an economy is 4 million, the number of unemployed people in the economy is 2 million, and the number of adults not in the labor force is 1 million, the potential adult workers in the economy is:
A) 2 million. B) 6 million. C) 1 million. D) 7 million.
Using the aggregate demand-aggregate supply model, explain and demonstrate graphically the short-run and long-run effects of an increase in the money supply
What will be an ideal response?
More than 70 percent of national income can be attributed to:
a. compensation of employees. b. rental income. c. corporate profit. d. net interest. e. proprietors' income.
In the classical model, beginning from an equilibrium in which the government is running a budget surplus, an increase in government spending will
a. lower the wage rate b. increase the supply of loanable funds c. cause total spending to decline d. cause total spending to increase e. leave total spending unchanged